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, and meeting with this people provides great theater for that public. >> didn't nancy pelosi say today they would have milestones along the way and that there might be miniature goals as we get to the end? >> yes. >> how do you see that playing out? >> well, i think that this, again -- gwen: is this part of the public? >> this is a sign they have to get this done. there is nobody right now on either side of the aisle who wants to see this happen. i think what you're seeing when harry reid, for instance, is standing there and practically promising that we're going to get a deal before december 31, he stood up there and said that today. they mean business. >> right. >> there are lots of pieces to this. i think what they agreed to today is divide into pieces. how do we deal with the end of the year problem on spending, what do we do about a longer term deficit thing. they're trying to set up a framework to get it done. gwen: the sequester is what they're going to talk about down the road? >> they're probably going to find a settlement for this year, whether they do $100 billion down payme
to avoid the so-called fiscal cliff. now house speaker nancy pelosi says she won't budge when it comes to tax cuts for the wealthy. that puts her at odds with john boehner. >> could you accept a deal that does not include tax rate increases for the wealthy? we've seen talk about a possible compromise that would leave rates the same but tax deductions for high income earners. is that something that's acceptable? >> no. >> not at all. >> the president made it clear in his campaign that there are not enough resources. what you described is a formula and a blueprint for hampering a future. you cannot go forward -- you have to cut some investments. if you cut too many, you are hampering growth, you are hampering education and investments in the future. >> even thousands of miles away it appears president obama is still focused on negotiations. while touring a royal monastery with secretary of state clinton the president was overheard mentioning the budget talks to a monk. the president later clarified his comments at a news conference. >> i always believe in prayer. i believe in prayer when
. an army of female lawmakers at her side, nancy pelosi announced she would stay on as the party's leader. this picture before you is worth millions of votes, pelosi said. the telltale sign that more women are filling capitol hill is the overly stuffed senator's only women's restroom over in the senate. i'm told. i haven't been. yesterday senator two senators bumped into elizabeth warren and deb fisher for the first time while on a bathroom break. she tweeted, too funny. first power meeting with e warren and d fischer in the senator's only women's bathroom. going to need a bigger bathroom. there are a record number of women, 20 in the senate this term. >>> still ahead on "way too early," why are you awake? your tweets, texts, e-mails, whatever you got. we'll take them. "morning joe" now is moments away. [ male announcer ] introducing the new dell xps 12. part of a whole new line of tablets from dell. it's changing the conversation. ♪ flavor boost, meet beef. it's swanson flavor boost. concentrated broth to add delicious flavor to your skillet dish in just one stir. mmm! [ female announc
. everything is going to be affected by this and we've been saying it since the canaan -- nancy pelosi said she had to read the darn thing. >> i know your criticism is they didn't read it before they passed it, but one of the big criticisms here is that there was no cost control in the law, so here we are. >> well, it's going to be that way. health care costs are rising everywhere. it's a universal problem. the thing is the people are going to try to find ways to get around this in the sense that it's going to cost them more and if they can find ways, they'll do it. you got 2200 pages of regulation that you're right, nobody has read. the people who administratorring it haven't read it. they're beginning to read it. we don't know what the ultimate cost is going to be. they're going to be taxes that come out of this, all kinds of other things that happen. in the meantime, if you hire over -- this is what is considered a small business -- if there are 50 people or less, you are subject to one thing. if you're hiring more than 50 people, you are subject to something else. if those people work 30 ho
by democratic leader nancy pelosi. then senators of both parties on their leadership elections. later republican senators john mccain, nancy gramm, and others call for the investigation on the attacks of the u.s. consulate in libya. the senate armed services committee holds a hearing tomorrow morning on the nomination of marine corps general joseph dunford. that is live on c-span 3 at 9:30 eastern. general dunford is assistant commandant of the marine corps. now house speaker john gainer on his party's leadership election and the agenda for the lame duck session of congress. top priority which is jobs. i'm proud of my leadership caucus who are going to serve. and while some of us who are returning to the leadership, we have new members and you will get to hear from them in a moment. our majority is the primary line of defense for the american people against a government that spends too much, borrows too much when left unchecked. i have outlined a framework for how both parties can work together to avert the fiscal cliff without raising tax rates and through a combination of pro-growth tax reform
involved visiting minority leader nancy pelosi. mr. morel will testify later this week as both the house and senate intelligence committees hold hearings on the benghazi attack. both the house and senate are gaveling in in about 12 minutes or so. the u.s. house coming in at 2:00. four items on their agenda this afternoon. they will gavel back out shortly thereafter. we expect them back at about 4:30 or so. a number of new members will be sworn in. we'll have live coverage. the senate meanwhile comes in this afternoon at 2:00 p.m. as well. they take up a bill dealing with hunting and fishing on federal lands. we'll have live coverage of the senate on c-span2. also coming up this afternoon, a number of house -- new house members, democratic members will be meeting with reporters and also nancy pelosi will be at that briefing, as will the head of the d triple c, chairman johns for the house races, steve israel of new york, news conference coming at 2:00 eastern. we'll likely have it for you here on c-span as the house is expected to gavel out quickly at 2:00. >> what i like about c-span's c
about what transpired. let's listen to house minority leader nancy pelosi. >> lifting the spirits and confidence in our country we will have an economic downturn that must be avoided. we understand our responsibility there. we understand that it has to be about cuts. it has to be about revenue. it has to be about growth. it has to be about the future. so as we cut investments and as we talk about revenue, we have to do so in a way that promotes growth and supports the future. it was good. i feel confident that a solution may be in sight. mitch? >> i can only echo the observations of the other leaders it was a constructive meeting. we all understand where we are. i can say on the part of my members that we fully understand that you can't save the country until you have entitlement programs that fit the demographics of the changing america in the coming years. we're prepared to put revenue on the table, provided we fix the real problem. even though most of my members, i think without exception believe that we're in the dilemma we're in not because we tax too little but because we sp
of congress. republicans john boehner and mitch mcconnell and democrats nancy pelosi and harry reid. >> we had a very constructive meeting with the president to talk about america's fiscal problem. >> we all know something has to be done. >> it was good. i feel confident that a solution may be in sight. >> we're prepared to put revenue on the table, provided we fix the real problem. >> tax hikes and spending cuts could go into effect simultaneously if no deal is reached on the fiscal cliff by the end of the year, both sides have said they are willing to compromise. house speaker boehner says republicans realize that neither side will get everything it wants. >>> exactly one week after he abruptly resigned as head of the cia, david petraeus was back on capitol hill. he met yesterday behind closed doors to brief lawmakers on the september 11th attack on the u.s. consulate in benghazi. according to lawmakers who were there, petraeus now says the attack was an act of terrorism and not the result of a spontaneous anti-western demonstration as initially reported. four americans died in the benghazi
. that was one word used, a deal is in sight. according to nancy pelosi, watch the market reversed itself. look at the upward movement in the dow industrials. how often does that happen? lawmakers don't will normally get along and say we are working, we feel great going into the weekend and the dow -- nevertheless, they have got to get something done and they have until the end of the year. all four sound positive, republican and democrat alike, so be it. jamie dimon meantime and his financial giant jpmorgan on the verge of settling with the sec over mortgage-backed securities that the firm was overseeing. charlie gasparino has a lot more. charlie: this is from what we understand a semblance in the neighborhood of $250 million. about half of what goldman sachs paid in its own case of where the sec alleged violated securities laws and peddling talks and securities, jpmorgan, you have to look at a lot of ways. there has to be jpmorgan specific activity that occurred during the financial crisis that most of the charges from what i understand will be relating to what is going on at bear stearns. jp
of the country's most powerful politicians is staying put. nancy pelosi says she'll continue her role as house minority leader. >> it isn't about the gavel although we like to have it. it's about the unity we share, it's about the important work we can do and it's about thinking a little longer term, a little longer term of the path our country is on and where we would go. >> the 72-year-old pelosi made the big announcement this morning in washington. you can see she was flanked by democratic women in the house. the house democrats are united in leading the country longterm. >>> president obama defending his ambassador on the comments she made about benghazi. >> the first news conference since being re-elected, president obama touched on the fiscal cliff and global warming and petraeus scandal. john mccain and lindsay graham accused rice of misleading the american people about the u.s. consulate attack in libya that killed four american diplomats and demanding a watergate style hearing. they said they would block rice's nomination if promoted to a cabinet position. president obama not only gav
but at the end of the day, very tough compromises will have to be hammered out. >>neil: nancy pelosi said, not to touch entitlements talking generally about medicare and medicaid, and social security, and a letter circulating in the senate senators harken and rockefeller of the same sentiment. do you agree? >>guest: we have different approaches for saving money. if you save money the way we did in affordable care act by reducing costs but not simply transferring rising health care costs on to the backs of seniors that is the approach we put forward. >>neil: you are not in the camp that says don't look, the let are circulating in the senate says don't even look at them. >>guest: i have not season the letter but the same senators voted for the affordable care act and they agreed we needed to change the incentives in the health care system. what we have said, we will look at ways to bring down health care costs over all moving away from the strict fee-for-service system in medicare which we have begun to do. we can build on that. but we will not take a system like the voucher systems that ha
better than to take the last budget the senate did, harry reid with his buddies, nancy pelosi, the 2008 free bailout, free stimulus budget and spent $2.5 trillion. nobody complained it didn't spend enough. if we adopted their budget right now, the 2008 budget, $1 trillion per year less than we are spenning right now. >> sean: we spend all of this time with an election and we are right back where we were. i don't know the republicans that voted for an increase -- here's my question to you. here's my question. do you think the leadership in the house is glg to hold the line on increasing taxes? >> well, gee... i know that we had the biggest conservative wave election in american history 2 years ago. two years later, we had a continuing resolution, a continuing resolution, a continuing resolution, debt ceil being increase. we -- ceiling increase. we ended up cutting nothing, really. we really-- >>> you are saying no. >> two years of leverage for nothing. it's time to use the leverage of the house. it's one-half of one-third, but the most important half of the legislative body. the founders
-door meeting, house speaker john boehner said, quote, i believe we can do this. nancy pelosi said we understand our responsibility. if they fail to act, the bush tax cuts would end on january 1. that's the same day sharp cuts to government spending take effect. economists fear the combination could send the country back into a recession. a train that slammed into a parade float, carrying wounded veterans was moving slower that the posted speed limit. safety officials in texas say it was going 62 in a 70-mile-per-hour zone and the train applied its emergency brakes before crashing into the trailer. the accident killed four veterans and injured 16 other people. i'm marianne rafferty. now back to "on the record." >> greta: harry reid telling senate republican leaders, no, rejecting a request for a watergate-style select committee to investigate the benghazi attack. earlier, john mccain led the charge for a special committee. but in a letter tonight, senator reid saying there are plenty of committees investigating benghazi and he took aim at senator mccain, saying he missed one of those committee m
's a little simplicity. nancy pelosi is keeping her job. >> i made a decision to submit my name to, once again, serve as the house democratic leader. >> now, if she can only get those talking points straight. >> we did not have majority, but we had the gavel. excuse me, we don't have the gavel. >> somebody who seems to have the gop gavel, louisiana governor bobby jindal, the likely 2016 contender told republicans this week "stop being the stupid party." meanwhile, steven colbert told us to stop talking about 2016. >> do you think it's too early to talk about 2016? we don't think so. >> okay, fine, we'll go back to 2012. why do some folks want to go back to the 1860s? >> this is a petition asking the government to what alabama succeed from the union. >> that's right from alabama, alaska, ohio and oklahoma, some citizens want to breakaway, yes, secede from the united states. >> who is going to pay for the post offices? >> good question. >> i think it's ridiculous, honestly. i really do. i think it's really dumb. >> actually not ridiculous. like we're living in the far side or twilight zone. who
will be in for george stephanopoulos tomorrow. and you'll see more of the house democratic leader, nancy pelosi's first sunday interview since the election. >>> time, now, for the forecast. let's get it to ginger zee. a lot going on in the northwest. >> the pacific northwest. some of the rainiest times of the year. this isn't that out of the ordinary. but i want to show you the first storm already dropping some snow. let's look at video from lake tahoe. you can see the snow was falling. this is the beginning of about a two-day attack from the northwest. and ski season is starting and starting so much better from last year. the snow in the higher elevations going to be helpful there. by monday morning, we'll have that next storm. it's kind of a one-two punch going through the weekend. how much rain? two to four inches in this area. redding, you're included. sacramento's on the south end of it. some of the spots in the far west. it's not just rain. it's not just snow. but also 50-mile-per-hour-plus winds. how much snow can you include in this? lake tahoe up to two feet in some places. northern california
fiscal cliff? while congressman nancy pelosi says whatever, when talking about the cons actuals, you hear my reaction to the -- constitution. you will hear my reaction to the quotes of the week when we return. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. the new wii u and a nintendo 3ds xl. but i got a "christmas sweater and socks" kinda budget. well with our walmart credit card special financing, you can get them all. oh, that'd be a win-win situation! no wait, i win too, so that's like a win-win-win! that is a lot of winning. can't you see my name in christmas lights? super-shopper! i can see it! [ male announcer ] get the season's hottest brands like nintendo 3ds xl and wii u. make an electronics purchase of $429 or more on your walmart credit card and get no interest if paid in full within 18 months. america's gift headquarters. walmart. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dol
congressman nancy pelosi says whatever, when talking about the cons actuals, you hear my reaction to the -- constitution. you will hearted. [ applause ] >> mike: last week i stroud introduced you to chandler and scarlet my grandchildren. my latest book will entertain and encourage every parent and grandparent who reads it. i will be traveling through the country and signing copies if you want to see the list of cities i will be visiting go to mikehuckabee.com. the book will make you laugh, might even make you cry. if you need a good whole some family book that will get your mind off the elections or maybe you need something to give as a gift, i'm sure you are going to love it. i know the author pet pretty well, he guarantees that you will enjoy it. if i'm not going to be able to make it to your town the book is available at amazon.com and book retailers all over the country. >> wednesday president obama held his first press conference since winning a second term. two s seeped to reoccur, one was with some of the supposedly objective reporters obsession with president gushing over
to avoid going over the fiscal cliff? coming up on abc's "this ""nancy pelosi gives a definitive answer to martha raddatz. don't miss it coming up here on abc7. >>> bay area food banks are taking a thanksgiving turkey shortage. second harvest food bank of santa clara county received some help yesterday. branch of the el camino owners association donated over three quarters of a ton of turkeys. they loaded up classic cars to make the delivery. >> today we were able to gather 1538 pounds ever turkey we donated to the second harvest food bank. >> just like the rain started and starting opening up, the gifts have been coming in today. it's been a fantastic day. >> food bank officials tell us they are still short of food and money this thanksgiving season, but they say this donation should make it easier to reach their goal. >>> volunteers also accepted donations at the pennsylvania avenue bear house in san francisco yesterday as well as the marin food bank. beginning this thursday the san francisco food bank is short 1700 turkeys. that's more than half the birds it needs for this year's tra
in congress to avoid going over the fiscal cliff? coming up on abc's "this week" nancy pelosi gives a definitive answer to martha raddatz. don't miss it coming up here on abc7. >>> bay area food banks are facing a thanksgiving turkey shortage. second harvest food bank of santa clara county received some help yesterday. the local branch of the el camino owners association donated over three quarters of a ton of turkeys. that's a lot of help. the officials say they are still short of food and money this season but this should make it easier to achieve their goal. >>> volunteers also accepted donations at the pennsylvania avenue warehouse in san francisco yesterday as well as the marin food bank. beginning this thursday the san francisco food bank is short 1700 turkeys. that's more than half the birds it needs for this year's traditional meal. >>> we invite you to be part of the abc7 share your holiday food drive. on december 12th meet the abc7 news team as we broadcast live from all over the bay area. taking your donations for local food banks. for more information and the location ne
allen case today but on the case of david petraeus, house leader nancy pelosi said the fbi had an obligation not to notify congress. to protect individual privacy unless and until national security was involved. live from the hill. steve handelsman, news4. >>> on to another developing story. now the teenager arrested for the murder of a d.c. taxi driver is now connected to the murder of a waldorf woman. this is joshua mebane's mug shot. the husband and wife were both shot last month. shomari stone joins us with new information tonight. shomari? >> reporter: this was the break that charles county sheriff's investigators have waited two and a half weeks for. detectives say the 17-year-old joshua mebane killed teresa bass. the teen is also suspected in the fatal shooting of a d.c. cab driver last week. now, d.c. police got a tip in the cab driver murder case from someone claiming joshua mebane lamingly shot and killed her while she was walking her dog on a trail with her husband in the hampshire neighborhood october 26th. her husband was also shot multiple time and survived with s
leader nancy pelosi said she won't cape deal without a tax rate increase for the weptiest americans but --wealthiest americans but added there's a sense of urgency that makes her think an agreement is on the horizon. >> the elements for an agreement are there. time is of the essence and the quick deer it the more confidence we instill and the by the better he for the economy and american people. >> reporter: republicans senatorrubio said simply that the political branch in dc created the fiscal cliff and it's an example of a dysfunctional process. in washington peter doocy fox news. >>> mont gol rit county he is -- montgomery county executive wants a million dollars to research a proposed rapid funding system it is after a week he said it was not financially workable and sayse says it's not a-- and he says it's not affordable but wants to use the money to analyze three groups. >>> soldiers with post- traumatic stress disorder may need extra help and for sop a -- some of them an app could be the key to recovery. >> reporter: retired army staff sergeant brian sullivan is not alone in
house speaker john boehner and democrat house minority leader nancy pelosi expressed confidence but neither said how the talks are progressing. the president insists the way to handle it is to tee cease taxes as scheduled for individuals making less than $250,000 per year. lawmakers have until the end of the year to reach a deal. >> do you have a plan to address the subject then? >> there was one very inquisiti inquisitive can. a group of young adults called the can kicks back. they say they are pressuring lawmakers to make sure they handle the debt responsibly. >> congress is kicking the can down the road and we realized the can is our generation and starting now we're kicking back. >> yesterday's meeting was the first between the president and leaders from both sides. they will meet again after thanksgiving. >>> more details are emerging about former cia director david petraeus's testimony concerning the deadly consulate attack in libya. lawmakers say petraeus told them the cia knew the attack was a terrorist plot but decided to classify that information because of intelligenc
. >> democratic congressmember nancy pelosi has announced plans to stay on as house minority leader through the 2014 midterm elections. she disclosed the news as she stood with a group of incoming female members of congress. look russert asked if it prohibited the democratic party from grooming a new generation of leaders. >> you say your decision to stay on prohibits the party from having a younger leadership and hurts the party in the long term -- what is your response? >> discrimination. >> next! next! >> wow. >> you have always asked that question, except to match mcconnell. >> the now former republican candidate mitt romney is under scrutiny for a leaked recording discussing president of them supporters. and a conference call with donors, romney blamed his loss on obama's so-called diaz to various groups including african-americans and hispanics. >> the president's campaign focused on certain members of his base coalition, give them extraordinary financial gifts from the government, and then worked very aggressively to turn them out to vote. >> romney went on to include young people an
a question at nancy pelosi's presser and was soundly booed over his age-related queer. >> i some of your colleagues privately say that your decision to stay on prohibits the party from having a younger leadership and will be hurt -- hurts the party in the long term. what's your response? >> discrimination. >> whoa! >> next! next. >> leader pelosi -- >> i guess -- >> whoa! >> you always ask that question except to mitch mcconnell. >> oh, mitch mcconnell, the senate minority leader is 70 years old. nancy pelosi is 72. in the world of politics, age is kind of a skewed concept. average age of members of the house is 56. and of senators it's 62. i mean, paul ryan is thought of as a young gun. he's 42. that's eight years shy of being a card-carrying member of the aarp. ronald reagan was 69 when he first ran for president. many worried he was too old for the job until his famous quip during a debate. >> i will not make age an issue of this campaign. i am not going to exploit, for political purposes, my opponent's youth and inexperience. >> yes, reagan used age to his advantage. but seriously, h
time since last week's elections. nancy pelosi holds a news conference with a newly elected democratic members of the 130th congress. senate leaders talk about the upcoming negotiations over the so-called fiscal cliff. that is followed by more on the potential tax hikes and spending .an hollen va = = we held a briefing with newly elected democrats. patrick murphy who defeated alan webb spoke to the new members who take office early next year when the 130 congress convenes. this is 20 minutes. >> at length of time it took for our new members to come onto the platform here is music to my ears into your ears as well. they say that a picture is worth 1000 words. the picture that you see before you is worth millions of votes. millions of aspirations of the american people. problem solvers to come to washington to get the job done. today we welcome our democratic freshmen to washington. they are extraordinary leaders who will make our house democratic caucus the first in history to have a majority of women and minorities in the caucus. you can applaud that. before you you see a broad coaliti
by a full house vote. there was some buzz about whether nancy pelosi would continue on as the top house democrat, which she told us today. >> my colleagues made it very clear and in fact i think they must have coordinated with each other because their message was clear, don't even think of leaving. >> if the next congress is anything like this congress, you can expect plenty of boehner vs. pelosi battle, shep. >> shepard: mike emanuel at the retundra, thanks. now the storm aftermath. the long road to recovery continues after historic storm sandy. we have details now on the legal battle over the power outages that have lasted more than two weeks in some cases. plus, you will hear a top u.s. official threaten to punch out a reporter. you will probably like this. they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ >> shepard: the f
,847. house minority leader nancy pelosi will run again to keep her job. there had been questions about her future after last week's election. democrats picked up a handful of seats in the house but failed to retake control from republicans. today, the 72-year-old pelosi said fellow democrats encouraged her to stay on. >> my colleagues made it very clear. in fact, i think they must have coordinated with each other because their message was clear: don't even think of leaving. that was what i got over and over and over and over again. and i felt is this a coincidence or >> sreenivasan: pelosi is the only woman ever to serve as speaker of the house, but she lost that position when republicans won a majority in 2010. meanwhile, newly elected independent senator angus king of maine announced he will caucus with democrats. that effectively gives them 55 votes when the new senate convenes in january. the u.s. mmander in afghanistan, marine general john allen, won a statement of support today amid questions about his relationship with a florida woman. the military is now investigating allen's exten
in session. nancy pelosi saying she would stay in her job as democratic leader as long as you stated in yours as the head of the democratic congressional campaign committee. now yesterday she was asked about the democratic leadership. but and i want to play some of what the exchange was and get your reaction to that. take a listen. >> some of your colleagues privately say that your decision to stay on prohibits the party from having a younger leadership and hurts the party in the long term. >> i think that what you will see, and let's for a moment honor it as a legislate question. although it's quite offensive, but you don't realize it, i guess. the fact is that everything that i have done in my almost decade now of leadership is to let younger and newer people to the congress. >> sir, in your estimation, did he have a point in pointing out all the players are staying the same, and is there a potential for new leadership blood to move things along in what many people would consider the gridlock that exists in washington, d.c. >> well, i love luke, but i think his question wasn't legislate. le
. first, what is the situation now? you've just briefed nancy pelosi. we've had word from her. where does it stand now, in terms of the rocket fire coming from garz and the return? >> good to be with you, andrea. well, just recently in the last hour and a half, rockets have struck tel aviv, terrorist rockets fired from gaza. >> did any of the rockets land in tel aviv? we were told by our correspondent they did not hit. what do you know about that? >> they landed in the tel aviv aarea. no injuries caused, thank god. this means 4.5 million israelis over half of the population of our country, is under rocket fire from gaza and israel's taking all means necessary to defend our citizens against the aggression. we've had 1,000 rockets fired at our citizens over the last month alone. israelis are in bomb shelters. prime minister netanyahu went to a bomb shelter in tel aviv to show his support. and our operations are continuing to persuade hamas and other terrorist organizations in gaza to cease firing rockets at our innocent civilians. >> is there a circumstance under which you would have ground
here a while. you've seen a lot of these meetings. most likely a photo op before the weekend. nancy pelosi was saying yesterday that she would welcome a number that both sides could start working toward and some republicans also say that. do you think there is any hope that maybe by just november, the end of november, there could be consensus on, okay. here's the top line where we're going to write the bill to. do you think that is possible? >> i don't want to minimize the difficulty ahead but i definitely think and get the impression from everything that both sides have said post election that there is some hope here in part. and greater hope for an agreement in the shorter term. there will be a lot of work that would have to be done next year to fill in the details but more of a chance of a deal now since you have the same cast of characters back at the table than you would have if mr. romney would have been elected. they know each other. they've talked about these issues before. they've already winoed down the issues. >> fascinating. if that becomes true. we'll talk more and get
this the cornerstone of working something out. that sounds good. then nancy pelosi, the house minority leader, saying that this has to be about cuts. this has to be about revenue. this has to be about growth and that she is confident a solution is in sight. sounds good, too. and then the house minority leader or rather the minority leader mitch mcconnell also suggesting that this was a constructive meeting and that we are prepared to put revenue on the table. they just emerged from the meeting. looked like they were going right back in. maybe they were going to have lunch. i don't know. they sure deserve it if they're able to come to rhetoric like that any any case. take to you break for a moment and hopefully i can scramble up wolf blitzer. given the fact we're so busy with breaking news he is probably busy as well. [ knock on door ] cool. you found it. wow. nice place. yeah. [ chuckles ] the family thinks i'm out shipping these. smooth move. you used priority mail flat rate boxes. if it fits, it ships for a low, flat rate. paid for postage online and arranged a free pickup. and i'm gonna track them
't happen. >> i think i saw john boehner and nancy pelosi sharing a rootbeer float out of the same straw at johnny half shell. it's the dawn of a new era. i'm positive about it. >> a lot of important things happened this week. i wasn't totally shocked by any of them, even though the pets russ scandal was a bit surprising. the thing that shocked me the most was, i went to see "lincoln" and it sucked, it was terrible. it wasn't really about the soul of the country as i was led to believe it was going to be, and daniel day-lewis is incredible, he will be in the best actor oscar race but the film -- i want those 2 1/2 hours back. >> toure, we did like another movie though. >> "argo." >> i saw it. >> three thumbs up from "the cycle crew cycle" crew, krystal hasn't seen it yet. >> we were concerned that after the election we would have nothing to talk about, and that's not been a problem. i mean, even on oyour crazy lon list, romney thrusting himself back into the spotlight, even boehner and obama shared a light-hearted tomorrow. >> tomorrow is speaker boehner's birthday. for those who want to
at this and moving on it. but with now 45 days to go, you know, i think the minority leader nancy pelosi's goal of christmas is a good one. it's probably also realistic that it won't happen before then. >> what about to both of you, if, if we get the money, say we get this trillion dollars one way or another, is there a guarantee, nancy, to you first, that, that this goes to reducing the deficit? i mean, do we have that guarantee? is there any way it could be spent? >> well, i feel like the president has talked about spending some of that before on infrastructure projects, and the idea of creating jobs. but i do think that the bulk of it will go towards reducing the deficit. that's something that both parties agree really has to be tackled. and the problem is that if they don't tackle it now they'll have to tackle it down the road. so i think that this will be -- this is one of the few shared goals that they do have, taking that money to reduce it. >> you agree, ed? >> yeah, absolutely. i think you mention infrastructure. i mean, that is one possible spending program or stimulus-like proposal t
? >> well, nancy pelosi seems to think, as she was mixed up with the 11th and 14th amendment in raising the debt ceiling, the congress and the president needs to work together, but as for numbers, the congressional budget office came out with a recent report saying if you do what republicans want to do, it will only have the economy grow 1.5%, if you do what obama wants us to do, 1.25%, so, jamie, for it to actually come to a compromise, it just can't be a discussion about tax increases or not. you're going to have to cut spending and have entitlement reform. so, i do believe that they're going to go to a compromise, either speaking of the fiscal cliff and hurting seniors. if we go over the fiscal cliff, it will hurt all americans. >> jamie: i understand, thank you both so much for weighing in. great discussion, doug schoen and angela mcglowan, angela the optimist. (laughter) >> good to see you, it was an extremely tight election, over now in arizona, barber has won the 2nd congressional district narrowly beating out the republican. and the voters had picked barbara to fill out the rem
and for the american people. >>> house minority leader nancy pelosi anticipates an agreement by mid-december, but says democrats will not accept a plan that fails to include a tax hike for the wealthy. >>> now to our continuing coverage of the cleanup from superstorm sandy, and vice president joe biden today visited new jersey to view the damage there. after a helicopter tour of the coastal area hit by the storm, the vice president met with emergency workers who lost their own homes and he thanked them and promised to help bring back the area's beaches and famed atlantic city boardwalk. the late october storm killed 24 people and knocked out power for millions. some 600 people are still without electricity tonight. >>> also today, new york senator charles schumer called for an overhaul of the cell phone industry, after the massive failure in service during the storm. >> the goal is simple, that no matter what the disaster, there's uninterrupted cell phone service for our first responders and for our citizens who lost power and need food, need to report fires, need to communicate in every way. >> a qua
nancy pelosi smacked down without the slightest hesitation. >> we've seen talk about a possible compromise that would leave rates the same but cap deductions for high income earners. is that something that's acceptable? >> no. >> not at all. no way. >> no, the president made it very clear in his campaign there is not enough -- there are not enough -- what you just described is a formula and a blueprint for hampering our future. >> yes, it does seem that the gop's new ideas look a lot like their old ideas, which were just litigated in the election and lost. of course, mitt romney's chalked that up to gifts from the praez's president's camp. how is that going over? >> i just think it's nuts. i mean, first of all, it's insulti insulting. this would be like walmart having a bad week and going the customers have really been unruly. >> we'll grant mr. gingrich his share of schadenfreude but surely mr. romney is getting more support in other republican quarters for taking on the takers. >> we're in a big hole. we're not getting out of it by comments like that. when you're in a hole, st
of the white house, they all have a slightly different date. nancy pelosi said we hope to get this wrapped up by christmas. one of the others said early december is when it should be done. shortly after thanksgiving somebody else said. so, i think we're lacking details, lacking commitments. we'll have to keep with the skeptics going. >> gene, what do you think? do you care about the structure of the deal? some would say have you to solve entitlements or the bond market is going to punish the country and it has to be dealt with? or do you think the stock market cares about getting something, anything done, before the end. year? >> on an immediate basis, no doubt. it cares about getting something done, something on the table. for the longevity of the upside, yes, i think it is concerned about what measures are really put in place, what the bipartisan cooperation really looks like in the end. >> rick, do you agree? >> i think in the near term any type of conclusion to this is going to be a positive for equities. don't confuse that for whatever deal is struck, how it affects long-term economic gr
house minority leader nancy pelosi, harry reid, treasury secretary, vice president and senate minority leader mitch mcconnell. stuart: they will be in that spot until the end of the year. another report on government race, the defense department spending $6 billion on nonmilitary research. projects in a million on things like jesus hating fictional space aliens and developing a rollup version. this is the defense department, this is the pentagon. >> we have always argued every corner of the government in every bureaucracy has government abuse in the finance department is not exempt of that. this is another example of out-of-control spending that has gotten $16.2 trillion. remember the stimulus spending, we were paying for things like shrimp, and now every week it seems you are all reporting more on these stories and they never learn. republicans a fiscal cliff conversations should be demanding serious spending cuts. >> i agree. this is our money, fiscal money, taxpayer dollars at work. stuart: more with the company next. @ stuart: time for the highliiht reel. all charles. stuart: mitt
: so, that is the latest on that. also this morning, "nancy pelosi considers leaving post as house democratic leader." "the decision could come as early as tomorrow, wednesday." washington journal will be live from capitol hill tomorrow with several lawmakers from 7:00 a.m. until 10:00 a.m. to keep you updated on what is happening this week in washington. the looming fiscal cliff, that is what we are talking about with all of you today. how do we avoid it, should entitlement spending be part of the package? james, go head. caller: i had to retire because of back problems or whenever, but i do not get disability, i would not apply for it, it is an entitlement. it is ludicrous to ask people in my age bracket, people who pay for their medicare -- that is what people are not saying. we paid for it for a long time. many of us are sick, we are not asking for anyone to help us along. we are not asking for the government, we paid for this. what it really is is a pyramid scheme. you have to get people working in this country so that they can pay in. it is not the people cheating the system.
will be coming together to solve this problem. >> governor, nancy pelosi of course out this morning says she's going to run again for some leadership in the congress. is that a signal that the white house is going to remain more partisan perhaps than some hope? >> actually, i don't think so. you know, nancy pelosi was the one who produced the votes for the financial bailout. you all recall that. there weren't republican votes even when president bush proposed it and secretary paulson. nancy found the votes. nancy is good at finding the votes out of our progressive wing and the president will need votes from our progressive wing and nancy is a good person to do that. >> we'll see how things go down this afternoon and later in the week. governor, lanhee good to see you back. don't be a stranger. >> thanks for having me. >> brian shactman is at hq. >> iag got a downgrade today and the stock is getting thumped already at its average daily volume. 15% to the downside. one of the keys were costs were up because quality of gold they were mining was not as good as they had been in the past. back to
stories yesterday is nancy pelosi, the top democrat in the house plans to stick around in her job as minority leader. how surprising was that news yesterday? caller: the sense upon reporters is that was what we expected. i think there was some questions both in 2010 when democrats lost control of the house. then again this year when democrats fell short of their initial goal of regaining control of the house whether leader nancy pelosi would stick around. i think she was signaling quietly by not letting people know she was staying. i think it was clear she wanted to first talk about and give the news to democrats behind closed doors. host: what does it indicate in terms of the direction of congressional democrats? what can we read from this move? caller: that the pelosi doctrine or the leadership she has had over 10 years, she was very instrumental in a lot of passing the legislation that the obama administration passed during its first term. health care, dodd-frank, a lot of these pieces of legislation. we are going to continue to see her in her role as minority leader and workin
president obama and the four top congressional leaders john boehner, nancy pelosi, harry reid, mitch mcconnell all will begin talks at the white house. cnn's jill dougherty is following those developments for us this morning. she's in our washington, d.c. bureau. good morning, jill. >> hello, soledad. well, this is it. both sides are going to be there. they're looking at the tone. they're looking at the president, what kind of tone will he set? you have to say that they're coming in both sides with their essential positions intact. all, both sides are saying that there is some room for a compromise. so, the essential thing is how do you compromise? if you look at the positions, let's say, of the republicans, and it's most strongly, as i say, relayed by senator mitch mcconnell, he does not, and they do not, want any tax increases. so let's listen to him first. >> and let's be clear, an opening bid of $1.6 trillion of new taxes just isn't serious. it's more than simpson-bowles or any other bipartisan commission has called for. it's been unanimously rejected in the house and senate, it's t
katherine. nancy pelosi suggested maybe there is a bit of wiggle room in the $250,000 amount. maybe we could move it higher who is considered rich in this country. is that something though that you think john boehner is even interested in? >> i think it is probably something that he might consider. this is how negotiations work. congressional "fight club." they stake out their positions and sort of move closer together as they come together and actually meet and discuss this. there are couple options what they can do on the table. president signaled perhaps it doesn't have to be all about getting rates to clinton era levels. perhaps getting revenue from other places. i think that would be healthier, broader tax reform kind of deal made. i'm not sure whether they're all savvy enough to make that deal. i mean. martha: seems to me that is the major issue here. that is what john boehner was hinting at. he is suggesting that if you remove some of the loopholes that is a tax increase on the wealthy in this country. i feel like that is a message that has gotten across in perhaps a clear enough way.
reid and senator minority leader mitch mcconnell and nancy pelosi not surprising here. what's the expectation? >> well, you know, we'll see. publicly, suzanne, there has been a much more consillatory tone that we've seen since the election, whether it's from the president or the house speaker john boehner, but i can tell you in talking to sources privately on both sides of the aisle, they admit that it's all about positioning and posturing to make sure at the end of the day if we do go off the fiscal cliff that they're not blamed for it. they're the ones who looked reasonable, not unreasonable, and they're preparing for the other side to blame them for the opposite, if that makes sense. that's a lot of what you are saying in public. the reality is that neither side has a really clear machine date or clear vote and no one wants to look at the end of the day like they never gave compromise a chance. listen to republican bob corker, though, because there does seem to be a little bit of a crack on the republican side on whether or not it's okay to raise some taxes. >> i think th
to get you to comment on nancy pelosi proposed decision to remain in congress and remained in her leadership role. guest: i am an enormous fan of the policy. she is an historic leader because she is one of the most productive that this nation has ever seen them back into pelosi is a legislation passed bashing machine. barack obama is a great president and was indispensable in getting the health care bill through. their real hero of that was
: house minority leader nancy pelosi says congress wants to show a message of confidence to the markets and she said they should aim to strike a deal on the fiscal cliff by christmas. the special lasted just over an hour. president obama said nothing explicit about reining in entitlement spending. instead the chief executive spoke about approaching the deficit in a balanced way and talked about long-term impediments to growth. >> i think we are all aware that we have some urgent business to do. we have got to make sure that taxes don't go up on middle class families and our economy remains strong that we are creating jobs and that's an agenda democrats and republicans and independents, people all across the country share. >> reporter: republican leaders gave no indication they are willing to entertain the idea that the president wants them to, namely the raising of tax rates on some particular categories of income earners. the top republican told reporters he believes the dilemma isn't because we tax too little, but because we spend too much. >> we fully understand that you can't save t
when you saw nancy pelosi out there. you saw john boehner out there saying we are hopeful we can get a deal done. and the market had a positive reaction to that. yet it lost that upside throughout the day, teetered back and forth between positive and negative territory. finally, closing the day out positive, so perhaps that suggests that maybe we are a little bit closer. but here's the thing, randi, they've got to get something done. they've got to solve this issue. because if not, the consequences are severe. >> but you listen to some people, and they suggest that fears of fallen off the cliff are overblown. what are the real consequences here? >> the real consequences are another recession. i mean, i can tell you every ceo that i'm talking to right now says i'm not making major decisions. i'm waiting. i'm standing by the sidelines. i can't hire a lot of people, i can't invest in a lot of infrastructure because i don't know what the landscape is going to be in the next 45 days. i don't know what the landscape is going to be in the next three months. so there's a lot of holdup. now,
cliff issue. we have new comments from nancy pelosi on the fiscal cliff today. let's listen to that. >> would you accept a deal that does not include tax rate increases for the wealthy. we have seen a possible compromise that would leave rates the same but cap deductions for top earners? >> no. the president made it clear there are not enough -- what you described is a formula and a blueprint for hampering our future. >> what do you think? does this mean a deal will not get done? >> i think there is desire on both sides to get a deal done. that doesn't mean we will see one. both sides are taken the election to mean that the american people want action. the president has taken it to mean the american people endorsed his so-called balanced approach to balancing the budget. and we saw spirited koopg with the leaders coming out after the meetening a now they mr. get down to the details where to make cuts and revenue increases and can do you do it by just closing loopholes, is that enough or do you have to talk about tax rates in particular think tax rating for the wealthy. that's is whe
's a fantastic achievement senate and nancy pelosi was totally right to congratulate that. but what was interesting she pointed out we had to go further. >> in "park lane" you go back to world war i. toll us about that. >> that was a seminal moment of change for women's rights. there was the suffrage -- the women's suffrage campaign was really reaching the height. they were burning down buildings, chaining themselves to railings. one went and slashed a painting, but when the war came this was the real moment in which came into their open own because the men went off to fight and the women stepped into men's jobs. this was tremendously empowering for them. they were driving ambulances at the front, some were even going into the trenches and administering care. >> you said there was somewhat of a sexual revolution. >> there was. i feel a sexual revolution is very emancipating for women. but what happens, the soldiers were fighting in france, they were so close they could get to england for a week or two and the duty to remain a virgin until you got married became outweighed to give ev
you have? a youtube moment. >> simply fantastic. >> all that and that matters. >> nancy pelosi asked whether she should consider stepping aside simply to make room for younger members. >> let's for a moment honor thanks a legitimate question. >> an onlynn petition to allow texas withdraw from the united states has more than 100,000 signatures. >> the signatures are from every state but texas. >>> welcome to cbs "this morning." i'm charlie rose in washington. norah o'donnell is in new york. there is a lot to talk about after president obama's first white house news conference in eight months. it covered everything from the budget crisis to libya, to the david petraeus scandal. >> the president himself said that so much has happened lately people forget the election of just a week ago. nancy cordes covered the news conference. she's at the white house. nancy, good morning. >> reporter: good morning. the president came to the east room of the white house hoping to push his message on the fiscal cliff and he did but he also got pressed with a number of questions about his handling of for
on "this week," including an exclusive interview with house democratic leader, nancy pelosi. >>> now, to the escalating controversy of the use of caffeine in energy drinks and a new line of cracker jacks. the manufacturers say these products are perfectly safe. but the fda is looking into caffeine concerns. and so is abc's jim avila. >> reporter: abc news has obtained 92 of what the fda called adverse event reports. the latest of which is an october death claim of sudden cardiac arrest. the government is founding. but the founder of 5-hour is fighting back, saying his product is not harmful. some people swear by it. >> i feel more alert. i feel awake. >> reporter: others overdo it, as in these youtube videos. >> chug. chug. >> reporter: but this morning, the ceo and founder of 5-hour energy drink, tells abc news that kind of abuse is the only way to hurt yourself with his product. >> if you had ten cups of coffee in an hour, i think you'd end up in a hospital. that would really be a dumb thing to do. >> reporter: bhargava says the deaths and hospitalizations, recording to the fda bec
right now coming from anyone in all of this. here he read and nancy pelosi really did not mention entitlement at all. rich o'connell highlighted the fact that his conference in the senate believes that this country does not have a taxing problem, it has a spending problem. there are still two very different beliefs on how to address this problem as they move forward. staff will continue working as the president is out of the country. he goes to a show tomorrow. telegraphs and republicans will be back here after the thanksgiving recess. lori: thank you. melissa: will a deal actually get done. joining us now is juan williams. thank you for joining us. what is your pet on this? what do you think that i think there is a lot of political pressure on both sides right now. remember, from the democratic perspective, they think they need a deal and president obama thinks he has a legacy that he has to protect right now. have watched as democrats have picked up seats in the senate and the house and president obama has been reelected. they do not want to be seen as obstacles to a deal that p
but nancy pelosi saying we have to have cuts. >> about as good as you can expect at an hour or two. >> especially talking about the possibility of getting this done, not at the very last minute but with some room to spare. i don't know what getting it done but it means having all of the elements of a deal completed or whether it means a mechanism or getting it done in the early part of next year but i think every sign that we just got out of the meeting was positive. >> let's bring in senator kent conrad of north dakota. had a busy day already. thank you for being with us. >> you bet. >> i'm sure you were able to hear senator reid say we won't wait until the last day of december, working through the thanksgiving recess. do you agree with john that this was a good first step? >> extremely positive. i'm even more encouraged. you know, i felt all along there's a good chance to arrive at a framework agreement in this lame duck session, lay out the size of the package, how it would be distributed to how much to cut in spending and raise in revenue. lay all that out before the end of the
. and the negotiations. nancy pelosi responded to some members of both parties calling to go ahead and go over the cliff. >> i don't think it's my role to go to the table with a threat. i think it's my role to go to the table with some ideas to be receptive to what we can come to agreement on. i'm not criticizing statements others make. but what i am saying is that there's too much at risk. and even if you went over the cliff for one month and then corrected it, you would still have a loss of gdp. >> and we've already started our discussion with our guest hosts, jeremy siegel and steve forbes. jeremy, we already had the beginning of this discussion. i'll start with you because i said you can see it sort of happening in some of the averages and you see the front page journal piece today about corporations cutting back on spending. do you not ascribe much to the notion that people are already acting with some trepidation about this and it could be harmful? >> i think the fall since the election is clearly the cliff might be close. there's hope that it had romney won, that force would mitigate or eliminate
of the year. house minority leader nancy pelosi is digging in her heels. >> i don't think it would be a good idea for the republicans to hold middle income tax cuts hostage to tax cuts to the wealthy. we have a deficit that we have to deal with. we have to do it with growth and creation of jobs. we have to do it with cuts, we all know that but we also have to do it with revenue on the table. gregg: in just a few minutes we're going to be talking with one of the republicans that leader pelosi will need to work with in the house of representatives, ways and means committee member peter roskam will be joining us live. martha: we're just getting started here on this monday morning and we're glad to have you with us. we have a brand new report today about the effort to preserve a sacred memorial for veterans deep in the california dessert after vandalism and years of court fights. gregg: plus breaking developments in the middle east. israel firing on syria this morning. we'll have a live report from the israeli-syrian border just ahead. martha: also a massive explosion in a quiet suburb kills two
striking this deal? what about nancy pelosi, harry reid, mitch mcconnell? in 2011 it was basically boehner and obama, this time there might be a few more lawmakers who want in on this deal. jenna: the president's going to be sitting down with leaders later on this week. let's talk about style versus substance, something we talked about a lot with the election. i was reading comments from the ceo of at&t today, also the senior economist from bank of america who say, listen, if they'd reach an agreement, great. but if between now and then and the disagreements look really big and bad, that's going to damage this economy because it just shatters any consumer confidence going into the holiday season. >> yes. jenna: so, ultimately, they could find a solution, but damage will already be done. what dueck about that, bob? what do you think about the style to all this as well? >> that's why -- and i agree with that, they're going to need a deal by mid december because it's going to shatter consumer confidence, and the stock market's going to play a big role here. we saw that in the bailout in 2008
thing to put the guy at the very top to answer those questions. tell us about nancy pelosi and what her future holds. >> very interesting morning. if not for this scandal, that would really be all the talk, the buzz, leading up to today around the water cooler here on capitol hill. will she or won't she stay? she, of course, did decide she was going to stay for at least another two years as leader of the house democrats, and the image you see there on this screen, the imagery was kind of remarkable, suzanne. certainly we know and we have known that she has taken pride in the fact that she has -- is the highest ranking woman in history. she was the first female speaker of the house of representatives, but the imagery today of her surrounded by so many women, democratic women, obviously, in the house, currently serving newly elected women, really had not heard her hit that issue as hard as she did today, and, in fact, at one point when asked about why she wanted to stay, she sort of made a joke about the fact that if she didn't, that there would be four men around the table negotiating an
leaders to avoid the fiscal cliff. boehner and mcconnel and nancy pelosi and harry reed reed. without a deal billions of tax increases go into affect january 1st. and those are your head lines. i would like to be a fly on the wall for that meeting. >> brian: there is shock waves across the markets. coming in way above expectations, remember that explanation. hurricane sandy's fault. everyone gets fired when a hurricane hits? what kind of logic is that. >> a crash scene with a baby girl trapped in the twisted metal. but you haven't seen the hero that jumped inside to save her, he's coming up this hour. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. it's a new way to get cash back deals, and it's called bankamerideals! i sign into my online banking... click the "cash back deals tab"... and pick the deals i want. i just use my bank of america debit or credit card when i pay,
until the last day of september, and house minority leader nancy pelosi said the goal is to get it done before christmas. we should be so lucky. >> we should be so lucky. holidays are coming up. it is a beautiful back grdrop b you look a little chilly. >> it is a little cold. >> brianna keilar, thank you. >>> what do fiscal cliff talks mean for your money? for your 401(k)? wall street investors might get nervous if talks aren't wrapped up quickly. i want to bring in time magazine's assistant managing editor, rana faruhar. you say some key people are worried next about what is coming up with stocks and bonds, why is that? >> a lot of the top investors in country see that the market has been down. there are major worries still about the fiscal cliff. i wish i could be as optimistic as some, but frankly i'm becoming a little bit worried. i think the issue of tax hikes for the rich in particular is going to be very politically contentious and there are worries we may not make that interviewer deadline and, in fact, if we go over it and stay over it for a few months, we could see the u.s. go
revenue is on the table. which means in order for it to pass, nancy pelosi has to come over and knock on your door. what are your red lines on this? >> i suppose i'll have a number of red lines. number one, not a nickel in reductions and cost of living increases, social security, not a nickel in reductions to benefits to medicare and medicaid. those are probably the most primary red lines. then i would want to see -- >> that's interesting. >> i would want to see -- where you draw the red line, i don't know. i don't want to see more cuts in discretionary spending, i don't want to see increases to the military. i don't want to see revenue -- revenues, so-called, that will impact the middle class, like eliminating state and local taxes. that's a very important one. some of the proposals that are on the table now, they came from romney. they came from democrats saying great idea. let's cap deductions at 35,000 or $40,000. that will, in a high tax rate like you are, that will really almost eliminate to a large extent, deductibility, state and local taxes. which, in turn, will put more pres
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